Pace Digitek IPO
Open MainLineCurrent GMP
₹12 (+5.48%)
Price Band
₹ 208 – 219
Lot Size
68
Issue Size
₹819.15 Cr
Minimum Investment
₹14892 (68 Shares)
Listing Date
06 October 2025
Subscription
1.59x
About the Company
Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with a strong focus on telecom passive infrastructure, renewable energy, and ICT (Information, Communication & Technology) services. The company delivers a wide range of end-to-end solutions spanning product manufacturing, turnkey project execution, operations & maintenance (O&M), and digital transformation initiatives.
With operations across India, as well as a growing international footprint in Myanmar and Africa, Pace Digitek continues to scale its offerings and project execution capabilities.
Business Verticals
1. Telecom Infrastructure
- Product Manufacturing: Passive telecom equipment.
- Services:
- O&M for telecom towers
- Annual maintenance of optical fiber cable (OFC) networks
- Turnkey Projects:
- Erection of telecom towers
- Development of OFC networks
2. Energy Solutions
- Solar Projects:
- Implementation under a Build-Own-Operate (BOO) model
- Solarization of telecom towers, including supply and installation of:
- Solar modules
- Lithium-ion battery systems
- Related passive components
- Rural Electrification:
- Executed under an EPC (Engineering, Procurement, and Construction) model
- Battery Manufacturing:
- In-house production of lithium-ion battery systems for energy storage
3. Information, Communication & Technology (ICT)
- Smart Solutions:
- Surveillance systems
- Smart classrooms
- Smart agricultural kiosks
Key Subsidiary: Lineage Power Pvt. Ltd.
Through Lineage Power Pvt. Ltd., the company manufactures key telecom infrastructure components, including:
- Switch-Mode Power Supply (SMPS)
- Hybrid DC Power Systems
- Solar Charge Control Units
Manufacturing Capabilities
- Facilities: 3 manufacturing units located in Bengaluru, Karnataka
- Total Area: 200,000 sq. ft.
- Products: Telecom equipment and lithium-ion batteries
- As of July 31, 2025: 1,513 permanent employees
- As of February 28, 2025: 1,296 permanent employees
Competitive Strengths
- Comprehensive, end-to-end solutions across core verticals
- Diversified business model with strong public sector focus
- Experienced leadership and skilled workforce
- Advanced manufacturing infrastructure enabling efficiency and scalability
- Consistent track record of profitable growth and operational excellence
Promoters
- Maddisetty Venugopal Rao
- Padma Venugopal Maddisetty
- Rajiv Maddisetty
- Lahari Maddisetty
Promoters Holding
Holding Pre Issue
84.07%
Holding Post Issue
69.50%
Objects of the Issue
The Company Pace Digitek IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirement for investment in our Subsidiary, Pace Renewable Energies Private Limited, for setting up battery energy storage systems (BESS) for a project awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL)
- General corporate purposes
Address / Contact Info
Pace Digitek Limited
Plot # V 12, Industrial Estate,
Kumbalgodu, Bengaluru Mysore Highway,
Bengaluru, Karnataka – 560074
Phone: 080-29547792
Email: complianceofficer@pacedigitek.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 26 September 2025
IPO Close Date
Tuesday, 30 September 2025
Basis of Allotment
Wednesday, 01 October 2025
Initiation of Refunds
Friday, 03 October 2025
Credit of Shares to Demat
Friday, 03 October 2025
Listing Date
Monday, 06 October 2025 — NSE & BSE
Important Dates
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2648.96 | 2253.87 | 840.15 |
| Revenue | 2462.2 | 2460.27 | 514.66 |
| Profit After Tax | 279.1 | 229.87 | 16.53 |
| Net Worth | 1080.33 | 450.06 | 228.79 |
| Reserve & Surplus | 1134.21 | 534.58 | 313.31 |
| Total Borrowings | 160.7 | 493.19 | 192.11 |
EPS Pre
15.64%
EPS Post
12.93%
P/E Pre
14.00
P/E (Post Issue)
16.94x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 23.09 | 40.53 | 4.93 |
| ROCE % | 37.89 | 40.85 | 6.99 |
| Debt / Equity | 0.13 | 0.87 | 0.57 |
| RoNW % | 22.87 | 40.67 | 4.49 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 11.44 | 9.44 | 3.29 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 18651758 | 49.87 | 0 |
| Non-Institutional | 5595527 | 14.96 | 0 |
| Retail Investors | 13056231 | 34.91 | 192003 |
| Employees | 100503 | 0.27 | 0 |
| Total | 37404019 | 100 | 0 |
Subscription Status ( Tue, 30 Sep 25 01:35 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 7857191 | 12581156 | 1.6x |
| Non-Institutional | 5892895 | 17109004 | 2.9x |
| BNII | 3928597 | 12141332 | 3.09x |
| SNII | 1964298 | 4967672 | 2.53x |
| Retail Investors | 13750087 | 14131148 | 1.03x |
| Employees | 106382 | 184008 | 1.73x |
| Total | 27606555 | 44005316 | 1.59x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Pace Digitek Limited | 2 | 0.00 | 16.30 | 16.30 | 22.87 | 71.24 |
| HFCL Limited | 1 | 60.07 | 1.23 | 1.23 | 4.35 | 28.28 |
| Exicom Tele-Systems Ltd | 10 | 0.00 | -9.11 | -9.11 | -17.93 | 64.35 |
| Bondada Engineering Ltd | 2 | 37.76 | 10.33 | 10.28 | 25.05 | 41.24 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 68 | 14,892.00 |
| Retail (Max) | 13 | 884 | 193,596.00 |
| S-HNI (Min) | 14 | 952 | 208,488.00 |
| S-HNI (Max) | 67 | 4,556 | 997,764.00 |
| B-HNI (Min) | 68 | 4,624 | 1,012,656.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Unistone Capital Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Pace Digitek IPO is a Book-building IPO worth ₹819.15 crores. The price band is ₹208 to 219 per share. The IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Pace Digitek IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
Pace Digitek IPO Price Band is ₹208 to 219.
Pace Digitek IPO lot size is 68, and the minimum amount required for application is ₹14892.
The minimum investment for Pace Digitek IPO is approximately ₹14892 based on the upper price band.
To apply for the Pace Digitek IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 30, 2025. After submission, funds are blocked until the basis of allotment of Pace Digitek IPO is finalised.
Pace Digitek IPO issue size is ₹819.15 crores.
Pace Digitek IPO allotment date is Sat, Jun 27, 2026.
The registrar for Pace Digitek IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Pace Digitek IPO through their official website or helpline.
The Pace Digitek IPO GMP (Grey Market Premium) is ₹12 as of Mon, Oct 6, 2025. Based on the upper price band of ₹219 per share, the estimated Pace Digitek IPO listing price is ₹231, indicating a potential listing gain of approximately 31% over the issue price.